With commercial banks exposed by the recent bailouts, Americans question whether “their money” is truly safe despite the promises of FDIC insurance.

Jeff and Bob walk through the mechanics of how a full reserve bank could work in a truly free market based on the concepts and taxonomy of Mises’s Theory of Money and Credit.

Mises's A Theory of Money and Credit: Mises.org/TMC

Bob's study guide to A Theory of Money and Credit: Mises.org/HAP388a

John Cochran, 'The Safest Bank the Fed Won't Sanction': Mises.org/HAP388b

This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings?

Bob's study guide to A Theory of Money and Credit: Mises.org/HAP387a

Jeff on the Fed as the ultimate bank: Mises.org/HAP387b

Progressives view all aspects of human life as a struggle against forces of oppression. Earlier this week on BBC, Professor Mariana Mazzucato suggested governments across the West should simply print money not only to help Ukraine, but also to finance other "wars" against climate change, inequality, and more. Should national treasuries essentially adopt a permanent wartime footing and print far more money, as Mazzucato and Warren Mosler recommend?  Hint: Jeff and Bob say "No."

Jeff's article "A Permanent Wartime Economy": Mises.org/HAP386a

Bob's debate with Warren Mosler: Mises.org/HAP386b

Bob's article in The American Conservative on the Greenbacker movement: Mises.org/386c

With global worldwide debt now over $300 trillion and interest rates rising, the US dollar is once again a relative safe haven in a slowing economy. Currencies competing with the Dollar face a deadly race to stave off a sovereign debt crisis. Is the dollar now unbound, as the dominant political tool of the dominant nation?

The Dollar Milkshake Theory: Mises.org/HAP385a

Thorsten Polleit, The Global Currency Plot: Mises.org/HAP385b

Bob's book, Understanding Money Mechanics: Mises.org/Mechanics

Tom Woods joins the show for a look at the hottest political topic of the day, namely national divorce. This is a spirited discussion of the politics, economics, and mechanics of how America might break up. 

Watch "The Economics of National Divorce, Part I" with Ryan McMaken: Mises.org/HAP352

With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan's rapidly aging demographics, Jeff and Bob take a hard look at the economics and humanity of greying America.

Richard Hanania, "Gerontocracy Versus Western Civilization": Mises.org/HAP383a

Bob on opting out of Social Security: Mises.org/HAP383b

Mises Institute scholar and Troy University business school Dean Allen Mendenhall is among the leading critics of woke capital. He leads a new initiative against the perverse investment practices demanded by ESG/DEI commissars, and joins Jeff Deist to discuss both the origins of "stakeholder" capitalism and what we can do to push back against ideological purity tests in capital markets and corporate America.

AllenMendenhall.com

"Troy University tackles 'woke' business practices head-on with new program": Mises.org/HAP382a

Back in January Jeff Deist joined the Austrian Economics Discord Server for a live event concerning trends in 2023. Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from COVID.

This is a far-ranging discussion of the landscape for the Fed, persistent inflation, and a looming recession. Includes Q and A from the audience.

Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins Jeff and Bob to dissect how economics went so badly wrong. A discipline rooted in theory, axioms, and deduction has devolved into statistics, models, and hard science envy. Is the economics profession doing any good, or active harm?

Per's new book How to Think About the Economy: Mises.org/Primer

Gary North and Walter Block debate "Is it Smart to Get a PhD in Economics": Mises.org/HAP380a

Jeff and Bob break down this week's Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans.

Johnny Vedmore's analysis of Schwab's origins: Mises.org/HAP379a

Scott Greer says America's right-want needs to stop dwelling on Schwab: Mises.org/HAP379b

Schwab bragging about penetrating Cabinets: Mises.org/HAP379c